Business Strategy or Competitive Advantage

Business Strategy or Competitive Advantage

Review Compensation practices based on Major League Baseball in the early 2000, how were athletes compensated then vs. now. Incorporate the following three concepts in your review.

1) Vertical fit of HR practices

2) Horizontal fit of HR practices

3) Demand of labor

Each concept has to at least be one paragraph in length. APA format.

the discussion is over business strategy, HR needs and HR practices

Answer Preview

The vertical fit of HR is the alignment of human resource management to fit the strategic management of the firm( Armstrong & Taylor, (2014). This is how compatible the HR practice package is with the strategy of the firm. The vertical fit is a crucial step toward acquiring the organizational goals through using or initiating human resource activities that go along with the objective of the firm. In major league baseball, human capital has been measured…